New Port Richey Neighborhood Market Report - Last updated:

Current Market Type

Current Market Type

Balanced Market (6.1 months of supply)

Strong retiree and boating demand for waterfront, riverfront, and canal homes. Inventory has increased slightly from 2025, giving buyers more options and negotiation power in this coastal Pasco gem.

Pricing Snapshot

Pricing Snapshot (Last 30 Days)

Median Asking Price: $329,900

Median Sale Price: $315,000

Price per Sq Ft: $185

Homes typically sell for 4–7% below asking price.

Inventory & Sales

Inventory & Sales

Homes for Sale: ~520

New Listings (Last 30 Days): ~78

Homes Sold (Last 30 Days): ~68

Months of Supply: 6.1 months

Time on Market

Time on Market

Median Days to Sell: 47 days

Waterfront, riverfront, and canal homes sell fastest (35–45 days). Inland single-family homes take slightly longer.

Price Distribution

Price Distribution (Last 30 Days)

Under $250K: 28%

$250K–$350K: 45%

$350K–$450K: 20%

$450K+: 7%

Neighborhood Highlights

Neighborhood Highlights

Riverfront and canal-front homes with easy Gulf access, historic downtown charm, retiree-friendly communities, and proximity to Port Richey and Hudson. Great value for boating enthusiasts and buyers seeking coastal living without high-end prices.

New Port Richey Value Drivers & Neighborhood Intelligence – March 2026

Riverfront living with Gulf access and relaxed coastal vibe.

Overall Livability

Overall Livability

Very Good – coastal lifestyle with riverfront and boating appeal.

Schools & Education

Schools & Education

Good schools with convenient access for families.

Crime & Safety

Crime & Safety

Good – safe neighborhoods popular with retirees and families.

Housing & Affordability

Housing & Affordability

Good mix of waterfront river homes, Gulf access properties, and affordable coastal living.

Commute & Daily Amenities

Commute & Daily Amenities

Good access to marinas, beaches, shopping, and easy drive to Tampa.

Property Taxes

Property Taxes in New Port Richey – 2026

Typical annual tax on a $330,000 home:
$3,500–$4,300 (before exemptions)

With Homestead Exemption:
Saves $700–$1,000+ per year

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